Serge Birbrair

Wachovia, Deutsche Bank's $1B Syndicated Slipup

Let's look at the bright side, neither DB nor WB got themselves as deep in subprime mortage fiasco as United Bandits of Switzerland
sergebirbrair.com/UBS....
so they can afford to be picky.

Insider Trends in the Financial Sector

I think the financials are just setting the bear trap.

Insider Trends in the Financial Sector

Why would insiders buy now?
There is another storm on the horizon,
$330,000,000,000 storm which wasn't even addressed yet:
arsclassaction.com

UBS Plan Could Be the Road Map for Financials

Todd, UBS has more illiquid assets besides subprime mortgages.

What about illiquid ARS they have in their own acounts?

What about ARS they are about to purchase for their mutual funds?
www.nothingcontroversi...

Financials Likely in Dead Cat Bounce, But Fed's Now a Wildcard

Sorry, my bad, $330 BILLIONS only.

How many Bear Stearns those $330 BILLIONS buy even at the last month prices?

Financials Likely in Dead Cat Bounce, But Fed's Now a Wildcard

There is another financial broohahah is brewing
the collapsed Auction Rates Securities market which locked
$330,000,000,000,000 in now absolutely illiquid securities.

I guestimate that people who invested in them did not put the last cent into them and I use conservative 1/3 of their investment assets, which means -
those investors control over 1 TRILLION dollars worth of investments and unless the matter is resolved soon,
the steamy investors, me included, will move our portfolios from
UBS, Merrill, Wachovia, Banc of America and put them with institutions who didn't soil themselves with those instruments.

The one trillion dollars Exodus will be a one heck of a show to see.

Here is the sccop and the debth of the problem:

nothingcontroversial.c...

A Bank Led, Bank Insurer Bailout?!

The article is brilliant and the analogy with Florida is right on the money.